Prosus to acquire a 45.4% stake in Naspers for $44.9bn.

Prosus, a global consumer internet group, offered to acquire a 45.4% stake in Naspers, a South African multinational holding company headquartered in Cape Town, for $44.9bn. On completion, it is expected to more than double the Prosus free float’s effective economic interest in the group’s underlying assets, improving the stock’s liquidity, and place Prosus in the Top 20 of EURO STOXX 50 Index companies, improving its market index weightings.